Millions of families across the EU are in a situation of over indebtedness, millions more don’t have access to a basic bank account, another few million don’t have access to basic loans such as mortgage credit in order to buy a home where they can thrive as a family.

COFACE advocates for more responsible lending and borrowing via for example thorough credit worthiness checks and access to better information and independent quality financial guidance for families. COFACE also defends the right to the access of a basic bank account for all EU citizens without any form of discrimination. Finally, COFACE underlines the necessity for all families to have access to certain financial products such as mortgage credit, pensions and saving products to ensure that they can make long-term life investments which are essential for their family life.


Families: Beware When Investing Your Savings

Families: beware when investing your savings

On the 22nd of February, Better Finance launched a searchable database of over 2332 investment funds - - which informs potential investors on whether the fund they would like to invest in or already have invested in may be…

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Compendium On Financial Inclusion

Compendium on Financial Inclusion

COFACE has always considered financial inclusion as one of its priorities, especially since access to some financial services like a basic bank account is a pre-condition for social inclusion. The initiatives included in the "COFACE Compendium on Financial Inclusion" deal…

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EIGE’s Expert Meeting On Women And Poverty

EIGE’s expert meeting on Women and Poverty

In the framework of EIGE’s work on good practices, COFACE was invited to participate in the expert stakeholders’ meeting to select a number of practices on “Women and Poverty: Non-monetary measures to tackle women’s poverty and social exclusion”. In particular,…

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Baby Milk Needs To Be Better Regulated

Baby milk needs to be better regulated

In the wake of the European Parliament's vote on the 14th of June 2012 on the Report “Food intended for infants and young children and food for special medical purposes”, COFACE expresses its regrets that a precautionary stance preventing parents…

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